(MENAFN- IMARC Group)
The latest report by IMARC Group, titled“ Inductors Market Report by Type (Wire Wound, Multilayered, Film, Molded), Core (Air Core, Ferromagnetic/Ferrite Core, and Others), End User (Automotive, Consumer Electronics, Aerospace and Defense, Communications, and Others), and Region 2024-2032 ”, offers a comprehensive analysis of the industry, which comprises insights on the market. The global inductors market size reached US$ 4.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.
Factors Affecting the Growth of the Inductors Industry:
Increasing Demand for Consumer Electronics:
The global inductors market is significantly driven by the escalating demand for consumer electronics such as smartphones,…